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Thursday, May 22, 2014 11:12:38 AM
200k - 500k for each SKU brought to market
They addressed 4M in short term debit already
Sale of non-revenue producing assets cash deal to close soon. Will retire a significant portion of the debt and lower their operating costs by 1/3!
Took them until middle of Q1 2014 to get out of the receivable lending issue. Ended Q1 strong in the latter portion.
Selling season is heavy in Q3 and Q4.
Moving to on-road vehicles and moving into lawn and generator products. Get ready for the APT lawnmower!
Emissions reductions of 50-80% for items using the SmartCarb.
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